Issue - meetings

Report of the Cabinet Member Finance

RESOLVED THAT

1.    the land and buildings edged in red on the plans that accompany this report be leased to the trustees of Cheltenham Spa Bowling Club for a period of 15 years at market rent and

2.    authority be delegated to the Head of Property and Asset Management, in consultation with the Borough Solicitor, to agree the terms of the leases

The Cabinet Member Finance introduced the report and explained that Cheltenham Spa Bowls Club had been in place at St Georges Square since 1925. The club’s previous lease expired on the 23rd June 2017 and was for a term of 20 years, with a 6 months rolling break notice.

She reported that the tenant wished to renew their Landlord & Tenant Protected Lease and there were no reasons to oppose the renewal on statutory grounds. Draft heads of terms had therefore been agreed for a new lease for a new term of 15 years with a Landlord & Tenant rolling 6 months break notice. 

She explained that as the land was deemed Public Open Space the appropriate notices detailing the proposed leasehold disposal was advertised as per the Local Government Act 1972 and no objections were received.

RESOLVED THAT

1.    the land and buildings edged in red on the plans that accompany this report be leased to the trustees of Cheltenham Spa Bowling Club for a period of 15 years at market rent and

2.    authority be delegated to the Head of Property and Asset Management, in consultation with the Borough Solicitor, to agree the terms of the leases